On October 13, 2023, Neuberger Berman Investment Advisers LLC announced that it intends to present a shareholder proposal, requesting that the Board of Directors take all reasonable and necessary steps (excluding those steps that must be taken by shareholders) to adopt a plan of arrangement or other recapitalization plan that would eliminate the dual-class share structure of Lions Gate Entertainment Corp. and any subsidiary or Company that it intends to separate into a new public company, and to ensure that each outstanding share of common stock has one vote, for consideration at the annual shareholder meeting scheduled to be held on November 28, 2023.